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Financing Accounting Quiz

Total questions: 15

Worksheet time: 9mins

Name
Class
Date
1.

According to PSAP No. 2 Paragraph 50, what does financing refer to?

a)

All revenues received by the government

b)

All expenditures used for employee salaries

c)

Transactions that require repayment or reimbursement in the future

d)

Only cash inflows from taxes

2.

Financing expenditures are used for which purpose?

a)

Paying operational expenses

b)

Fulfilling obligations or investing to maintain assets

c)

Increasing local revenues

d)

Paying interest on bank deposits

3.

What is Net Financing?

a)

Total government revenue minus expenditures

b)

The difference between financing receipts and financing expenditures

c)

The total amount of loans obtained during the year

d)

The total value of regional assets

4.

When are financing receipts recognized?

a)

When the agreement is signed

b)

When funds are actually deposited into the General Cash Account

c)

When the budget is approved

d)

When the fiscal year ends

5.

According to the presentation and PSAP No. 2 (2010), which of the following must be disclosed in relation to financing activities?

a)

Financing receipts and expenditures after year-end

b)

Future tax projections and estimated revenues for the next fiscal year

c)

Internal audit findings related to procurement and asset use

d)

Detailed list of all employees involved in financial management

6.

Which document serves as evidence of the disbursement of reserve funds?

a)

Invoice

b)

SP2D (Fund Disbursement Order)

c)

Cash Receipts Journal

d)

Sales receipt

7.

Which of the following functions is not directly involved in financing accounting procedures according to the presentation?

a)

Budget User/Budget User Power

b)

Regional Financial Management Officer (Regional Treasurer)

c)

Accounting function of Regional Work Units

d)

Marketing and Public Relations Division

8.

On May 23, 2013, the local government received a long-term loan from Bank Wahana Adikarya worth Rp500,000,000. What is the correct journal entry in the Operational Report (LO)?

a)

Debit: Kas di Kas Daerah - Rp500,000,000

Credit: Kewajiban Jangka Panjang - Rp500,000,000

b)

Debit: Kewajiban Jangka Panjang - Rp500,000,000

Credit: Kas di Kas Daerah - Rp500,000,000

c)

Debit: Pengeluaran Pembiayaan - Rp500,000,000

Credit: Estimasi Perubahan SAL - Rp500,000,000

d)

Debit: Estimasi Perubahan SAL - Rp500,000,000

Credit: Penerimaan Pembiayaan - Rp500,000,000

9.

On August 29, 2013, the government disbursed reserve funds of Rp5,000,000,000. Which of the following represents the correct journal entry in the Budget Realization Report (LRA)?

a)

Debit: Estimasi Perubahan SAL- Rp5,000,000,000

Credit: Pengeluaran Pembiayaan - Pembentukan Dana Cadangan - Rp5,000,000,000

b)

Debit: Pengeluaran Pembiayaan - Pembentukan Dana Cadangan - Rp5,000,000,000

Credit: Estimasi Perubahan SAL- Rp5,000,000,000

c)

Debit: Kas di Kas Daerah - Rp5,000,000,000

Credit: Dana Cadangan - Rp5,000,000,000

d)

Debit: Dana Cadangan - Rp5,000,000,000

Credit: Kas di Kas Daerah - Rp5,000,000,000

10.

During the 2024 fiscal year, it was found that a loan receipt in 2023 was incorrectly recorded as a financing expenditure. According to PSAP No. 10 Paragraph 24, a correction must be made because the financial statements for 2023 have already been published. Which journal entry correctly records this correction in the LRA?

a)

Debit: Cash in Regional Treasury

Credit: Long-Term Liabilities

b)

Debit: Long-Term Liabilities

Credit: Cash in Regional Treasury

c)

Debit: Changes in Budget Surplus

Credit: SiLPA/SiKPA

d)

Debit: SiLPA/SiKPA

Credit: Changes in Budget Surplus

11.

In 1909, Ki Hajar Dewantara found a baby in barren garden. The little baby was crying. However, Ki Hajar Dewantara took him in and gave him the name .......

a)

Muhammad Ibnu

b)

Kian Santan

c)

Kim Mingyu

d)

Jeon Wonwoo

12.

(bg windah version) Rumahmu dimana, gue mau kesana, disana ada siapa, kalo sepi .....

a)

main sama gue

b)

ramein lah

c)

nanti gue dateng

d)

gamau kesana

13.

(bg windah version) mengingatmu berseru dalam sembahyang, langit mendung namun aku .....

a)

Ceria

b)

Sedih

c)

Marah

d)

Emang gitu liriknya kocak

14.

Who is this diva?

(a)  

15.

Say the Name?

(a)